Chicago Fed President Austin Goolsbee
Goolsby is on the panel.
- Last year’s sharp fall in inflation still has a little juice left
- External shocks have derailed soft landings in the past.
- In the long run, we have no choice but to be optimistic.
- “Atmosphere” used to be a good indicator of spending but it’s not anymore, so I don’t place as much importance on it now.
More to come